Corporate Climate Pledges Often Ignore a Key Component: Supply Chains

Many companies do not account for the emissions from their supply chains, which can be a significant majority of their contributions to greenhouse gases. For nearly 30 years, the pharmaceutical giant Bristol Myers Squibb has proclaimed it’s been setting and meeting ambitious targets around energy and greenhouse gas emissions. These days, those goals include being …

How Car Shortages Are Putting the World’s Economy at Risk

Because so many jobs depend on automaking, the industry’s production problems are causing the pain to ripple. Turmoil in the auto industry, a powerful engine of the global economy, is threatening growth and sending tremors through companies and communities that depend on carmakers for money and jobs. For every car or truck that does not …

As Demand for Green Energy Grows, Solar Farms Face Local Resistance

Developers say industrial-scale farms are needed to meet the nation’s climate goals, but locals are fighting back against what they see as an encroachment on their pastoral settings. Hecate Energy, a renewable energy developer, had hoped to install a 500-acre solar farm in Copake, N.Y., a quiet town nestled between the Catskill and Berkshire Mountains. …

Elon Musk says Tesla has not signed a deal with Hertz yet.

Tesla’s chief executive, Elon Musk, said Monday that the electric vehicle manufacturer had not yet signed a contract with Hertz to sell the car rental agency 100,000 of its vehicles, a deal that was announced last week as Tesla’s stock value pushed past $1 trillion for the first time. Mr. Musk made the comment on …

More same-sex couples may be eligible for Social Security survivor benefits.

Surviving members of same-sex couples who weren’t able to marry because it wasn’t yet legal may be newly eligible for survivor benefits from Social Security. Even after winning the right to marry across the United States more than six years ago, some same-sex couples have faced challenges accessing certain benefits. To qualify for survivor benefits, …

Regulators Sound the Alarm on Stablecoins

A fast-growing part of the cryptocurrency industry needs more oversight, the Treasury Department warns. Financial regulators have urged lawmakers to act fast on legislation to address the rising risk of stablecoins. This type of cryptocurrency — ostensibly backed one-to-one by a stable asset like the dollar, making it more practical as a means for trades …

Jeff Bezos, who recently flew into space, vows to do more to protect the Earth.

Jeff Bezos, one of the richest humans on the planet, and who started his financial empire by selling books online, pledged $2 billion to restoring natural habitats and transforming food systems at the climate summit in Glasgow on Tuesday. Speaking at a conference where President Biden and other leaders announced a global pact to end …

Funding for start-ups founded by women is surging.

Last year, venture capital funding for companies founded by women in the U.S. dropped substantially. But new research from PitchBook suggests that change is afoot. The start of the pandemic had a disproportionate affect on investments in companies with at least one female founder. The number of deals involving companies with all-male founders dipped 5.4 …

As U.S. Reopening Approaches, Travelers Take Their Marks

The end of the U.S. ban on international visitors has kicked off a surge in travel both foreign and domestic. Here’s what to expect for the holiday season and beyond. When the Biden administration announced that vaccinated foreign travelers would be allowed to enter the United States starting Nov. 8, it was as though a …